Great INVESTMENT OPPORTUNITY in Wallaceburg! Super low vacancy rates. ANNUAL GROSS INCOME of $40,200 resulting in $21,000 in TOTAL EARNINGS in your Pocket! (net cash flow of $10,911 + $10,809 mortgage pay down). FOUR 2 bdrm units - Residential FOURPLEX!! EASY, low maintenance, well-designed 2 bdrm units that are each approx 675 sq ft and self-sufficient. Units 1 & 2 (upper level with exterior staircase 2012) are heated with Empire Console Vented heating systems (2012). Units 3 & 4 (Main level) are heated with FAG Furnace 2007. Three units pay their own utilities, and Unit 3 is all-inclusive. Hot water tanks are owned. Carpet free. Single-detached garage and carport. Parking for 8 cars. Enjoy watching the kids safely play at King George Park right across the street. Two-minute walk to Running Creek trail & Crothers Park or Sydenham River to enjoy fishing, playground equipment, or picnic. Two-minute walk to downtown Wallaceburg shoppes, banks, restaurants, waterfront, library, live Little Theatre, Museum and all celebrations that the core presents! Quiet, family-friendly area. 5 mins to #40 hwy, 30 mins to both Sarnia, Chatham, and Hwy #401. Skip over to Michigan via ferry boat to head to Detroit to catch a plane, a game, or an event in 90 mins. (id:4069)
Address |
567 DUNCAN Street |
List Price |
$549,000 |
Property Type |
Multi-family |
Type of Dwelling |
Fourplex |
Area |
Ontario |
Sub-Area |
Wallaceburg |
Bedrooms |
8 |
Bathrooms |
4 |
Floor Area |
2,800 Sq. Ft. |
Year Built |
1945 |
MLS® Number |
40066861 |
Listing Brokerage |
RE/MAX TWIN CITY REALTY INC., BROKERAGE
|
Postal Code |
N8A4E9 |
Zoning |
R4 |